12 High Dividend Energy Stocks With Low PE Ratios

Oil prices declined from $112.5 to $98 and iShares S&P Global Energy ( IXC ) lost 7.4% last week. This offers a chance to buy energy stocks for investors. We prepared a list of 12 energy companies which regularly pay fat dividend checks. All companies in this list have a market capitalization above $400 million, P/E ratio lower than 18 and dividend yield of at least 2%. These 12 stocks returned 45.5% (including dividends) during the past 12 months, beating government bonds by a large margin. Stock Yield (%) Recent Price (USD) Dividend (USD) 2008 2009 2010 Global Partners LP (GLP) 7.13 25.78 1.95 1.95 1.96 AmeriGas Partners (APU) 6.17 46.82 2.53 2.82 2.79 Suburban Propane Partners (SPH) 5.94 52.32 3.14 3.28 3.37 Sunoco Logistics Partners (SXL) 5.34 85.5 3.67 4.11 4.52 EV Energy Partners (EVEP) 5.16 53.45 2.67 3.01 3.03 Alliance Resource Partners (ARLP) 4.48 72.22 2.53 2.95 3.21 Alliance Holdings... Read more